A press release issued today, however, offered no details on what Terex products would be manufactured at the facility or specific upgrade plans.

Terex cites the city’s central location, trained workforce and “the cooperation of state and local officials” in helping the company “not only maintain, but perhaps even grow our presence in Oklahoma City,” says Tom Gelston, vice president of investor relations.

The plant currently employs more than 150 people.

Terex’s former roadbuilding division, which made asphalt pavers, reclaimer stabilizers and material transfer products in Oklahoma City, was sold to Fayat Group in February. At the World of Asphalt show this spring, Bomag, a division of Fayat, then announced it would keep the CMI and Cedarapidsnames of the former Terex products.